"regional competitor Synlait made a 28 million dollar gross profit (14 million for the half year) on Lactoferrin alone."
Freedom make the same amount of Lactoferrin as Synlait.
So using your PE of 15, gives the Lactoferrin business a value of $420m (assuming they pay no tax).
Lets also assume they stop selling UHT milk at a loss. At least breakeven.
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $34.63M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $15.99K | 126.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33894 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 7905 | 2 |
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| Last trade - 14.16pm 25/07/2025 (20 minute delay) ? |
| NOU (ASX) Chart |